Why TMC Stock Rose 0.4% on Nov 13, 2026
as of yesterday, 9:52 AM ET
The reason we found
TMC outlines lower-cost production plan as regulatory review advances
TMC said it plans to begin seabed nodule production at a smaller scale, cutting estimated upfront capital by $500 million while awaiting a U.S. regulatory decision. That potentially reduces funding needs and execution risk, supporting the stock’s gain despite an analyst lowering the price target.
operational updatemedium confidence
Sources 8
- HC Wainwright & Co. Maintains Buy on TMC The Metals Co, Lowers Price Target to $5.5finnhub.io
- TMC the metals Q3 Earnings Call Highlightsfinnhub.io
- TMC (TMC) Q3 2026 Earnings Call Transcriptfinnhub.io
- TMC Provides Third Quarter 2026 Corporate Updatefinance.yahoo.com
- TMC Provides Third Quarter 2026 Corporate Updatefinnhub.io
- TMC the metals company Inc. 2026 Q3 - Results - Earnings Call Presentationfinnhub.io
- TMC the metals company Inc. (TMC) Q3 2026 Earnings Call Transcriptfinnhub.io
- TMC Metals Q3 EPS $(0.06), Inlinefinnhub.io
Our call
Buy moredated Nov 12, 2026
TMC the metals company fell 18% over the past month, far more than other materials stocks (down 1.6%), but analysts expect profit to grow 35% next year. We'd stop buying if TMC the metals company's next report misses profit forecasts.
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